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Allocate to high-yielding Asia stocks and currencies: UBS GWM

For the first time in roughly seven years, UBS Global Wealth Management has turned underweight on global equities and emerging market equities and is now advising investors to play defence by focusing on the region’s high-dividend equities and high-yielding currencies. According to the bank’s September APAC investment report, the US-China trade dispute will continue to weigh on Asian equities, making…

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